Onderweg: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Onderweg
Largest movements
- Tangible fixed assets -€55,640
down €55,640 (-3.8%), from €1.5m to €1.4m
of which Land and buildings: -€33,133
- Receivables within one year +€24,728
up €24,728 (+424.6%), from €5,823 to €30,551
of which Trade receivables: +€22,316
- Debts after one year -€33,665
down €33,665 (-7.9%), from €423,466 to €389,801
- Profit (loss) carried forward +€26,482
up €26,482 (+38.5%), from -€68,820 to -€42,338
- Reserves -€22,550
down €22,550 (-3.1%), from €725,982 to €703,432
of which Tax-exempt reserves: -€22,550
- Gross operating margin +€39,147
up €39,147 (+145.2%), from €26,953 to €66,100
- Financial charges +€13,220
up €13,220 (+486.4%), from €2,718 to €15,938
- Depreciation -€1,887
down €1,887 (-4.1%), from €45,807 to €43,920
- Financial income +€1,014
up €1,014 (+24189.7%), from €4 to €1,018
- Other operating charges -€712
down €712 (-10.7%), from €6,668 to €5,956
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,464,337 | €1,429,144 | -€35,193 | -2.4% |
| Fixed assets | 21/28 | €1,450,596 | €1,394,956 | -€55,640 | -3.8% |
| Tangible fixed assets | 22/27 | €1,450,596 | €1,394,956 | -€55,640 | -3.8% |
| Land and buildings | 22 | €1,414,048 | €1,380,915 | -€33,133 | -2.3% |
| Plant, machinery and equipment | 23 | €15,033 | €13,145 | -€1,887 | -12.6% |
| Furniture and vehicles | 24 | €21,515 | €896 | -€20,619 | -95.8% |
| Current assets | 29/58 | €13,741 | €34,187 | +€20,446 | +148.8% |
| Amounts receivable within one year | 40/41 | €5,823 | €30,551 | +€24,728 | +424.6% |
| Trade receivables | 40 | €61 | €22,378 | +€22,316 | +36393.3% |
| Other amounts receivable | 41 | €5,762 | €8,174 | +€2,412 | +41.9% |
| Current investments | 50/53 | €153 | €0 | -€153 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,765 | €3,636 | -€4,129 | -53.2% |
| Total equity and liabilities | 10/49 | €1,464,337 | €1,429,144 | -€35,193 | -2.4% |
| Equity | 10/15 | €677,163 | €681,094 | +€3,931 | +0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €725,982 | €703,432 | -€22,550 | -3.1% |
| Tax-exempt reserves | 132 | €679,557 | €657,006 | -€22,550 | -3.3% |
| Distributable reserves | 133 | €46,426 | €46,426 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,820 | -€42,338 | +€26,482 | +38.5% |
| Provisions and deferred taxes | 16 | €226,519 | €219,002 | -€7,517 | -3.3% |
| Deferred taxes | 168 | €226,519 | €219,002 | -€7,517 | -3.3% |
| Amounts payable | 17/49 | €560,655 | €529,048 | -€31,608 | -5.6% |
| Amounts payable after more than one year | 17 | €423,466 | €389,801 | -€33,665 | -7.9% |
| Financial debts | 170/4 | €423,466 | €389,801 | -€33,665 | -7.9% |
| Amounts payable within one year | 42/48 | €137,190 | €139,247 | +€2,057 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €34,204 | €32,627 | -€1,577 | -4.6% |
| Trade debts | 44 | €7,452 | €6,850 | -€601 | -8.1% |
| Suppliers | 440/4 | €7,452 | €6,850 | -€601 | -8.1% |
| Taxes, remuneration and social security | 45 | - | €7,736 | +€7,736 | |
| Taxes | 450/3 | - | €7,736 | +€7,736 | |
| Other amounts payable | 47/48 | €95,535 | €92,034 | -€3,501 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,807 | €43,920 | -€1,887 | -4.1% |
| Other operating charges | 640/8 | €6,668 | €5,956 | -€712 | -10.7% |
| Non-recurring operating charges | 66A | - | €4,598 | +€4,598 | |
| Gross operating margin | 9900 | €26,953 | €66,100 | +€39,147 | +145.2% |
| Operating profit (loss) | 9901 | -€25,522 | €11,625 | +€37,147 | |
| Financial income | 75/76B | €4 | €1,018 | +€1,014 | +24189.7% |
| Recurring financial income | 75 | €4 | €1,018 | +€1,014 | +24189.7% |
| Financial charges | 65/66B | €2,718 | €15,938 | +€13,220 | +486.4% |
| Recurring financial charges | 65 | €2,718 | €15,938 | +€13,220 | +486.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,236 | -€3,295 | +€24,941 | +88.3% |
| Transfer from deferred taxes | 780 | €7,517 | €7,517 | = | 0.0% |
| Income taxes | 67/77 | €156 | €290 | +€134 | +85.5% |
| Profit (loss) for the period | 9904 | -€20,875 | €3,931 | +€24,807 | |
| Transfer from tax-exempt reserves | 789 | €22,550 | €22,550 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,675 | €26,482 | +€24,807 | +1481.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.